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Asahi Diamond Industrial Announces Progress in Share Buyback Program

Story Highlights
  • Asahi Diamond Industrial specializes in diamond tools and trades on Tokyo Prime Market.
  • The company acquired 401,200 shares as part of a buyback strategy to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Asahi Diamond Industrial Announces Progress in Share Buyback Program

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Asahi Diamond Industrial Co ( (JP:6140) ) has shared an announcement.

Asahi Diamond Industrial Co., Ltd. announced the status of its ongoing acquisition of own shares, a move initially resolved by its Board of Directors in February 2025. As of June 30, 2025, the company acquired 401,200 common shares at a total cost of ¥284,357,200 through market purchases on the Tokyo Stock Exchange. This acquisition forms part of a larger strategy to purchase up to 2,000,000 shares by August 31, 2025, reflecting a significant investment in treasury stock, which could impact shareholder value and market perception.

More about Asahi Diamond Industrial Co

Asahi Diamond Industrial Co., Ltd. operates in the industrial manufacturing sector, specializing in the production of diamond tools and related products. The company is primarily focused on the Tokyo Prime Market, where it is publicly traded.

Average Trading Volume: 219,155

Current Market Cap: Yen37.18B

For a thorough assessment of 6140 stock, go to TipRanks’ Stock Analysis page.

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